Mr.
Jack Z. Chen is the Founder and CEO of
Transworld
Capital Group. He has over 16 years of experience in
managing complicated cross-border M & A transactions
that involve Western and Chinese companies. In 2010, Mr.
Chen led Beijing-based Pacific Century Motors, a
public-private acquisition consortium, to acquire
Nexteer Automotive, a major unit of General Motors
specializing in steering systems and related
technologies, which was referred to as “one of the
landmark deals of the era” by the Wall Street Journal in
an article on November 8, 2010. The Nexteer Automotive
transaction followed the 2009 acquisition of Delphi
Corporation's braking and suspension unit by a similar
Beijing-based consortium, in which Mr. Chen also acted
as an advisor. Each of these two transactions comprised
the largest overseas acquisition by a Chinese company in
the automotive parts industry at its respective time.
Previously, Mr. Chen was with Barrington Associates, the
leading middle market investment banking firm in the
Western United States (acquired by Wells Fargo in 2006),
where he was the founding chairman of its Asia-Pacific
Division. Prior to Barrington, Mr. Chen was president of
MTC Direct Inc., a holding company that bought a
controlling interest in Micro Technology Concepts, Inc.,
the world's largest independent mass storage distributor
and a VAR 500 company with over $300 million in revenue.
During the period from 1997 to 2000, Mr. Chen invested
in, or advised, several dozen companies that covered the
following industries: biotechnology, IT, transportation,
food and beverage, real estate, hospitality,
manufacturing, building materials, automobile and heavy
equipment. From 1993 to 1997, Mr. Chen was the
Co-Founder and COO of Bestone Investment Group, Ltd.,
which acquired and took control of Conch Cement, the
largest cement company in China, and helped build it
into the leading cement manufacturer in Asia. Conch
Cement is now listed on the Hong Kong Stock Exchange
(ticker: “914.HK”) with over US$10 billion market
capitalization.
Mr.
Chen was appointed International Investment Advisor to
Beijing Municipality in March 2009 and was reappointed
in November 2010 due to his outstanding contributions to
Beijing, as recognized by the municipality’s most senior
leadership and leading corporations. Mr. Chen has been a
speaker at the Young President's Organization, USC,
UCLA, MIT Business Forum, China Compass Conference, ACG
Conference and numerous Chambers of Commerce. Mr. Chen
is a Charter Member of the Pacific Council on
International Policy and was named one of the top ten
Chinese American Entrepreneurs in Southern California by
Vivid Magazine in 2007. He was also awarded
Outstanding Overseas Alumni of the Shanghai Jiao Tong
University.